Economy
May 21, 2020
ABI Construction Score Plummets in April
Written by Sandy Williams
Demand for design services at architectural firms plummeted in April, dragging the Architecture Billings Index down to 29.5 and its lowest level in the history of the index, said the American Institute of Architects. The ABI follows March’s record decline of 20.1 points to 33.3.
New project inquiries and design contract indices also declined significantly, said AIA, falling to scores of 28.4 and 27.6, respectively.
